About Me

Sunday, March 15, 2015

Creating a Chinese Middle Class

This year-old website is attracting a lot of attention, for the quality of the writing, but also for his (unpopular, but increasingly undeniable) assertion that the same international bankers are still very much in charge. Here he asserts that the next step in this age-old game of power and wealth transfer, necessitates the creation of a middle class in the emerging economies, in order to extract the wealth out of them too, whilst the West falls into Third World status, ready for the next 100-year cycle.

Susan, we are going to experience a re-allocation of resources
as the multilateral transition continues. This is why we are seeing
proxy resource wars in Ukraine, Syria (and the broader Middle East), and
now escalating tension in Venezuela. The argument can be made that
there are plenty of resources available, but it hasn’t been allocated
based on population growth and economic indicators.
The waste in the western world has to change in order for the
necessary balance in the international system to be effective. I don’t
think anyone in the western world would feel great about throwing out
food when others across the seas are starving. The overabundance that
many have taken advantage of will slowly give way to the sustainability
of new structures and cultural concepts.
And don’t let the knee jerk conspiracy reaction to the word
“sustainability” skew your thoughts away from the logic and humanity of
what I’m saying. Sustainability is the only way the world will avoid a
depopulation. The same ones that scream out against the sustainability
concept are the same ones who scream out against depopulation. The
madness of the contradiction is a product of innocent ignorance.
The system is attempting to balance, but there will always be the
wealth transfer between the demographics which we call the disorganized
masses and rent seeking elite. That is a somewhat different issue.